Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.
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Saudi-based Blacksand has announced a landmark agreement with Marriott International to develop 10 hotels in the kingdom over the next four years. Featuring over 1,300 rooms, it will be developed under a range of Marriott brands spanning the luxury, select-service and extended-stay segments.
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Artificial Intelligence is exceeding most CEOs’ expectations and their optimism is growing with 69% of those surveyed now seeing AI adoption as mandatory for modern business, said a new report. But major challenges remain for companies struggling to build the infrastructure and security controls.
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ALUPCO subsidiary Conmarble has inaugurated its first showroom in Riyadh, marking a significant milestone in the company’s growth journey and reinforcing its commitment to supporting Saudi Arabia’s rapidly evolving architecture, design, and construction sectors.
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The United States has granted Iran a 60-day sanctions waiver allowing Tehran to sell oil in US dollars for the first time in decades, marking a significant breakthrough in efforts to secure a lasting peace agreement following the recent conflict in the Middle East.
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VA Tech Wabag, a leading multinational water technology company based in India, has announced that its joint venture with Heavy Engineering Industries & Shipbuilding Company (Heisco), has secured a contract worth KD114.3 million ($372 million) for a SWRO desalination plant in Kuwait.
Dubai Electricity and Water Authority said it has set up a new wholly-owned independent subsidiary - Dewa International - for developing conventional and clean energy projects worldwide and exporting the emirate's successful energy and water infrastructure model to global markets.
Hassan Allam Holding, a leading engineering and construction company in the Mena region, said one of its key subsidiaries, in a joint venture with UCC Saudi, has secured the contract for Waldorf Astoria Hotel, Residences & Mixed Use Super Block located within the kingdom's mega development Diriyah.
Hanwha Aerospace, a defence, aerospace and industrial company in South Korea, has signed a teaming agreement with UAE-based Generation 5 Holding to collaborate on the manufacture and sale of the K9 155mm self-propelled howitzer across the Middle East market.
A boat carrying 61 migrants has sank off the coast of the eastern Libyan city of Tobruk, leaving 51 people dead or missing, said a report, citing the Al Abreen Foundation for Migrants and Humanitarian Services. Ten migrants survived the shipwreck while search is on for the remaining missing migrants.
Saudi Arabia's National Industrial Development and Logistics Program (NIDLP) activities contributed SAR1,045 billion ($278.74 billion) to non-oil GDP in 2025, representing 39% of the Kingdom's total non-oil GDP, up from SAR996 billion in 2024, said the program's annual report.
The UAE is entering a new phase of government development built on deploying Agentic AI in the design of public services, policies and procedures, advancing the leadership's vision of building the world's most effective and forward-looking government, a senior minister has said .
The UAE’s Al Ain region will serve as a global hub for design and regulatory activities in the advanced air mobility solutions sector. Supporting infrastructure, technical expertise, and international partnerships will be developed to ensure safe and sustainable operations.
The Abdul Latif Jameel group, led by Chairman Mohammed Abdul Latif Jameel, takes the top spot in the Forbes Middle East Top 100 Family Businesses 2026 list.
Roads and Transport Authority (RTA) has completed maintenance and rehabilitation works spanning 17 km of asphalt roads across nine streets and six areas in Dubai early this month. The works covered highways, freeways and internal roads in key industrial, commercial and residential areas.
Digital Dubai, in partnership with Lootah BC Gas, has launched the first gas consumption billing service on the DubaiNow app, further advancing the emirate’s digital transformation agenda and expanding its unified digital services ecosystem.
Saudi-based Blacksand has announced a landmark agreement with Marriott International to develop 10 hotels in the kingdom over the next four years. Featuring over 1,300 rooms, it will be developed under a range of Marriott brands spanning the luxury, select-service and extended-stay segments.
Etihad Rail, the developer and operator of the UAE's national railway network, is set to launch its first passenger service between Abu Dhabi and the northern emirate of Fujairah on June 30, thus marking a new chapter in the country’s infrastructure development.
Artificial Intelligence is exceeding most CEOs’ expectations and their optimism is growing with 69% of those surveyed now seeing AI adoption as mandatory for modern business, said a new report. But major challenges remain for companies struggling to build the infrastructure and security controls.
Palma Development has awarded the piling and shoring works contract for Phase II of its Serenia District, a AED5 billion ($1.36 billion) master-planned community in Jumeirah Islands. Also it has completed the foundation works at a signature tower located within the first phase of the key development.
Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, has announced that it has received first-time corporate credit ratings from S&P Global Ratings and Moody’s Ratings, alongside the establishment of a $1.5 billion senior unsecured sukuk programme.
Leoron Institute, a leading corporate training and EdTech provider in the Europe, Middle East and Africa region, has appointed Lule Bunjaku Karapinar as the new CEO for Gulf Markets and Executive Education section.
Standard Chartered has announced its intention to explore the sale of its wealth and retail banking (WRB) business in the Kingdom of Bahrain, as it further sharpens focus on businesses and client segments. The bank will maintain its presence in Bahrain through corporate and investment banking franchise.
Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, has announced that it has received first-time corporate credit ratings from S&P Global Ratings and Moody’s Ratings, alongside the establishment of a $1.5 billion senior unsecured sukuk programme.
Leoron Institute, a leading corporate training and EdTech provider in the Europe, Middle East and Africa region, has appointed Lule Bunjaku Karapinar as the new CEO for Gulf Markets and Executive Education section.
Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.
The Abdul Latif Jameel group, led by Chairman Mohammed Abdul Latif Jameel, takes the top spot in the Forbes Middle East Top 100 Family Businesses 2026 list.
Dubai is preparing to introduce a new set of public behaviour guidelines as part of an ambitious effort to make the emirate what officials describe as "the world's most civilised urban experience."
